News for United Spirits Limited (UNITDSPR.BO)

Even whatever rally we have got, that being met with a sell-off. Even if we look at the instance of the last two days, we tested the January low with some buying interest; however, this subsequent rise, we witnessed this subsequent rise quickly dissipated and indicating a lack of sustained momentum

Refinitiv StreetEvents Event TranscriptE D I T E D V E R S I O NUNSP.NS - United Spirits LtdQ3 2025 United Spirits Ltd Earnings CallJan 24, 2025 / 10:30AM GMT

Indian share market is expected to open higher for the third straight session, tracking strong cues from Asian stocks and positive closing at Wall Street.

Stocks including Kotak Mahindra Bank, Dr Reddy's Labs, Adani Green, IndiGo, Indus Towers, United Spirits, Mankind Pharma and more will be in the spotlight on Friday, January 24.

United Spirits EBITDA grew 16.9% to ₹568 crore, with a gross margin of 44.7%. Standalone profit stood at ₹473 crore, with a 13.8% profit margin

The Relative Strength Index of the stock stood at 44.97 on Thursday.

Stocks including Hindustan Unilever, Stallion India, UltraTech, BPCL, Laurus Labs, Go digit, Adani Green and more will be in the spotlight on Thursday, January 23.

The Relative Strength Index of the stock stood at 41.13 on Wednesday.

A total of 8,361 shares changed hands on the counter till 11:34AM (IST)

The stock quoted a 52-week high of Rs 1700.00 and a 52-week low of Rs 1055.65.

On the technical charts, the RSI of the stock stood at 29.55.

Indian headline indices broke a four-session losing streak due to gains in banks and auto stocks, despite pressure on IT stocks. The December CPI inflation eased to a four-month low, contributing to the positive market sentiment. Analysts highlighted the formation of a bullish Harami Cross pattern on the Nifty chart.

The stock quoted a 52-week high price of Rs 1700.00 and low of Rs 1055.65.

Praveen, MD & CEO HT Media, brings extensive leadership experience, including a 24-year tenure at PepsiCo. Hina to move to Global Executive position at Diageo

United Spirits receives ₹1.13 crore GST notice from the Kerala government. The company has decided to appeal to higher authority, as per BSE filing. Shares closed lower on January 8.

After beating its 2025 targets by a distance, Indian Hotels Company has unveiled its ‘Accelerate 2030’ strategy, and has set benchmarks for itself across topline, portfolio, and payout to shareholders.

With all this in mind, the expectations in terms of the core EMS players, the immediate opportunity that probably comes through might be semiconductor chips, expectations in terms of more work coming through as more manufacturing is expected out of India, whether it is smartphones, whether it is LED TVs or whether it is high-end refrigerators as well.

The Nifty index has formed a Doji candle near its 200-day exponential moving average (DEMA) support at 23,540, indicating uncertainty. Immediate support is at 23,500-23,540, with a break below 23,500 potentially targeting 23,300-23,200. While the short-term trend is down, a pullback rally remains possible if Nifty holds above 23,500, according to Hrishikesh Yedve of Asit C. Mehta Investment Intermediates.

Stocks including Bajaj Finance, Power Grid, Paytm, Firstsource Solutions, Indus Towers, RITES, ICICI Prudential, RailTel more will be the spotlight on Wednesday, October 23.